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Stock Market & Financial Investment News

News Breaks
June 10, 2014
08:35 EDTNOCNorthrop Grumman awarded $9M contract from KARI
Northrop Grumman has been awarded a contract from the Korea Aerospace Research Institute, or KARI, to provide space inertial reference systems for the GEO-KOMPSAT-2 space satellite program. Under a firm-fixed-price contract worth nearly $9, Northrop Grumman is providing its Scalable Space Inertial Reference Units for the GEO-KOMPSAT-2A and -2B satellites. The Scalable SIRU supplies critical rotation rate data that enable the stabilization, pointing and attitude control of satellites and space vehicles. The contract includes an option for one additional unit to be exercised by July 2015 for the KOMPSAT-6 program.
News For NOC From The Last 14 Days
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October 1, 2014
07:56 EDTNOCSyrian strikes sure to prompt calls to reconsider defense cuts, WSJ says
The expanded U.S. military campaign in the Middle East, including airstrikes in Syria, is expected to cost tens of billions of dollars in the short-term and is certain to put renewed pressure on the president and Congress to reconsider spending caps on the defense budget, according to The Wall Street Journal. Publicly traded companies in the Defense space include BAE Systems (BAESY), Boeing (BA), General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN) and United Technologies (UTX). Reference Link
September 29, 2014
09:09 EDTNOCNorthrop Grumman developes unmanned systems capabilities for maritime missions
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September 26, 2014
10:01 EDTNOCOn The Fly: Analyst Upgrade Summary
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06:47 EDTNOCFAA drone decision could be milestone, NY Times says
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05:41 EDTNOCNorthrop Grumman upgraded to Buy from Hold at Deutsche Bank
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September 25, 2014
16:01 EDTNOCNorthrop Grumman awarded $61M performance based contract by U.S. Navy
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10:06 EDTNOCOn The Fly: Analyst Upgrade Summary
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07:27 EDTNOCNorthrop Grumman upgraded to Buy from Hold at Argus
Argus upgraded Northrop Grumman to Buy with a $145 price target based on relative valuation, contract wins, and backlog. The analyst believes Northrop is financially strong and positioned to deliver EPS upside.
September 23, 2014
08:38 EDTNOCBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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